TradeAce

EURJPY SHORT

Short
TradeAce Updated   
OANDA:EURJPY   Euro / Japanese Yen
X marks the Spot.
For a Bullish Price Action, if the 126.600 Support holds, I expect a bounce to 133. This is quite unlikely.

For a Bearish Price Action, expect more DOWNsides in the coming weeks.
1st Target at 124.400
2nd Target at 122.400
Worst case scenario, 3rd Target at 114.800.

I am still bearish on this cross.
Look to SELL every Rally so long as price remains below 128
Trade active:
1st Target at 126.600 hit.
Heading to next target.
Comment:
1st Target at 124.400 hit.
Heading to next target.
Comment:
2nd Target at 122.400 hit.
Heading to next target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.